Trading with point and figure

dow

24metmt.gif

not lookin happy
 
a stack of horizontal res up to 2037 area
prev supp and trend res at 2043
2040 a prev res area aswell
trend supp 2007 area
 
there is still a stack of overhead res
either we get a rally or an upside failure
needs to stay above 2k
 
Talbs got his 10108 area for a rally..we had that area marked from friday


10120 the low
pretty darned close..imho
put us on notice when that area was hit
 
10251 trend supp/green
10320- 10336 area horizontal res
10350 big res area from yesterday
thnn 10421..from yesterday
 
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